I am planning to book a unit in the second phase of panchsheel greens 2 greater noida, would it be wise?

Q: I would really appreciate if any buyer from the phase one of this project can comment on why i should book a unit or not.

Shashank Srivastava,

4th October 2016

Buying property in Panchsheel Greens 2 - Phase III, Sector-16, Greater Noida

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Replies (9)

if you wish to buy a property with never to be completed date or delayed till you die kind of possession, then go for panchsheel or else do not even think of these frauds

ritesh sahay,

26th March 2018

Comment

PLZ NEVER GO WITH PANCHSHEEL AS its a very fraud, lier builder, i booked in 2010 in phase one still waiting for posession.

manoj yadav,

3rd January 2017

Comment

PLZ NEVER GO WITH PANCHSHEEL AS its a very fraud, lier builder, i booked in 2010 in phase one still waiting for posession.

manoj yadav,

3rd January 2017

Comment

Hi,
Are you looking for flat in Panchsheel Green Phase-2? What is your budget? To get more details of this project, click this link Panchsheel Green Ph-2, Sector-16, Gretaer Noida

Or,

To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile

Ayesha, Delhi-NCR

5th October 2016

Comment

I have the final quotation ready and under control. All I need is to make a final decision, hence this question.
The thing which is stopping me is that I am not sure about the reputation of the builder and its work history. Any help on this front would be appreciated.

Shashank Srivastava,

5th October 2016

Hi Shashank,
A very big no bcz i heard a lot's of bad reviews about this developer and most of their projects are delay due to several issues. Their each and every project has some litigation adb buyers have to face a lot's of difficulties after booking their flats.

Vibhor, Delhi

5th October 2016

Hi Shashank!!
Sector-16 of Greater Noida is an upcoming posh locality near Mayur Vihar, East Delhi. It is connected with South Delhi via DND Flyway, that is further connected to new Taj Expressway Corridor via Noida. The Delhi Metro connects Sector-16 to other parts of the capital city. The nearby metro stations include Sector-15 Noida and New Ashok Nagar, both at a short driving distance. It has easy connectivity via road s to schools, markets, malls, banks/ATMs, bus stop, metro station and hospitals in close proximity. Very well developed social infrastructure has attracted many property investors and buyers in this locality.

Vibhor, Delhi

5th October 2016

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Hi Vibhor,
I am a resident of Noida since 4 years and would totally second you on this point. My major concern was the particular builder that i talk about. Would it be wise to book a unit in second phase of panchsheel greens 2 which is to be delivered after 36 months from now?

Thanks

Shashank Srivastava,

5th October 2016

I would advice to you visit the project site or the builder office and ask for the legal approvals, see the approach road, connectivity to NCR, daily basic necessities from the project site, see the construction material are using in the project and ask in the neighborhood about the civic issues. I am very sure that you will love the locality.

You can also verify the papers via Noida Authority which is in sector-6, walking distance from sector-16. If you are getting all the approvals in place then go for it.

Vibhor, Delhi

5th October 2016

Vibhor,
I have made a few visits and verified that the approach road and connectivity makes sense to me. I loved the location but I still have to contact the neighborhood and noida authority to get the rest of work done. It would an added help if you can direct me to someone in the neighborhood.

Thanks for the help, much appreciated.

Shashank Srivastava,

5th October 2016

@Selina...
For Panchsheel Green Phase-2 (C, D and E Block) basic rate i.e.CLP will be Rs.2850/sq-ft. So the price of a 2BHK will be Rs.26.07L to Rs.31.49L onward while for 3BHK, it will be Rs.42.18L to Rs.51.87L onward.

But under the Subvention scheme, basic rate 10:80:10 or the rate would be 2999/sq-ft. A 2BHK will come Rs.27.44L to Rs.33.13L onward while for 3BHK, it will be Rs.44.38L to Rs.54.58L onward under subvention scheme.

PLC charges:- Park facing Apartments Rs.100/sq-ft. while Road Facing Apartments Rs.75/sq-ft. but remember that PLC will be applicable only in Phase-2 from 1st to 15th floor.

Mahinder, Noida

5th October 2016

Comment

Thanks for the information Mahinder...
What about project approval? Are all approvals are in place? What about the bank loan? Which all banks have approved this project? Any Idea......

Selina Jaitley, Greater Noida

5th October 2016

Panchsheel Green Ph-2 is a GNIDA approved project and IOD and CC are in place. They have also get NOC from multiple departments such as State Pollution Board, Environment Clearance, Airport Authority and State Fire Dept.

As far as bank loan is concerned, Axis, HDFC, Tata Capital, IIFL, PNB, LIC HFL and Kotak Mahindra Banks are funding this project.

Mahinder, Noida

5th October 2016

How to change and update my contact number?

Ram,

5th October 2016

Comment

Hi Ram,
Write a mail to support@commonfloor.com or call at toll free no 1800-833-1801

CommonfloorAdmin,

5th October 2016

Hi,
Panchsheel Group’s premium residential project "Panchsheel Greens 2, spread across 26 acres approx. This project is located at Sector-16, Noida Extension, Greater Noida. It offers 2 and 3BHK luxury apartments. It's various sizes available from 915 - 1350 sq.ft. in 2BHK and 1480-1820 sq-ft. in 3BHK. This project is offering 3750 units of 2 and 3BHK in 6-high rise towers. This project is still under construction and work is in full pace. It is expected that the possession date will be December'2017.

Mahinder, Noida

5th October 2016

Comment

can you direct me to someone who has already invested in this project? thanks in advance

Shashank Srivastava,

5th October 2016

Hi Mohinder!!
What is the current asking price of a 2BHK flat in Panshsheel Green Ph-2 and will be the price all including? Is there any PLC charges?

Selina Jaitley, Greater Noida

5th October 2016

Noida is among the land markets in India most exceedingly bad influenced by a progressing lull. The Godrej has declared its joint effort and its entrance into Noida land business sector to build up a residential condo. I for one think on the off chance that you need to contribute you have to know the foundation and the development nature of this developer here is a site where you get all applicable data on Propsurf

Manmta, Mumbai

5th October 2016

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